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Updated over 16 years ago, 05/05/2008
Getting yourself to start looking at the BIG deals
As I've learned over time, it seems like the real money can be found in the big deals. Personally, I can't afford even the down payment on any of these, but I'm starting to know a deal when I see one. What does it take to get yourself to start in the big time? By that, I mean, I'll see properties that are great deals, but cost $1 million or so - anyone who looks at the deal should be able to see that it is worthwhile.
I know that logically, the banks should give a loan out for these properties because they too will see the value and income. Is it just a matter of getting the confidence to approach lenders with the deal? Is that all it takes to get into larger deals?
How do I step things up?